Cryptonews

The disruption, like a bad actor in a provincial theater production, didn’t emerge from the sophisticated depths of smart contracts. No, liquidity pools remained as serene as a country pond, staking contracts as unmoved as a tsarist official. Instead, the attackers-likely sipping energy drinks in a basement somewhere-seized control of that most ancient of internet relics: the DNS layer, redirecting visitors like unwitting tourists to a phishing page dressed up in its Sunday best.

On November 22, in what we can only assume was a room full of people pretending to understand DeFi, the G20 unveiled their riveting Leaders’ Declaration. Essentially, it’s a global game plan for digital assets-because nothing says “fun” like unified oversight and paperwork. 📜

Cardone Capital, a real estate investment firm, made a significant move today. They acquired 185 Bitcoin. This purchase amounted to $15.3 million. It has an active representation of the company’s further expansion of crypto assets. This is an integral part of their treasury and investment strategy. This action demonstrates an increasing institutional interest in digital assets. 🚀

It appears that Aerodrome, the crown jewel of Base’s DEX empire, has encountered an uninvited guest-namely, a frontend security breach. So, naturally, they’ve advised all users to avoid accessing the platform via its affected domains. They’re also keen to remind us that all smart contracts are as secure as ever. Of course, they’re still investigating the situation, and more updates will be shared as they become available. In the meantime, your assets are safe (or so they say). Stay tuned.

Prediction markets have been laying out the welcome mat for the Federal Reserve’s Dec. 9-10 meeting. It appears the brainiacs are tipping their hats toward a modest 25-basis-point haircut, even though Fed officials seem to be playing soccer in different stadiums. Polymarket, Kalshi, and CME’s Fedwatch tool have all teetered toward expecting a tiny trim, though each platform seems to have its own style of market nerves.

Coinbase, ever the champion of security (bless their hearts), has announced an urgent internal wallet migration. Yes, both BTC and ETH are involved in this delicate dance. But no, it’s not due to any massive breach or a sudden plunge in market conditions. Nothing dramatic here, folks. Just your standard security upgrade. No big deal.

This drop is significant because HBAR broke below a crucial support level that had protected investors’ profits for more than a month-now a distant memory, like a lover’s promise.

He originally purchased the Bitcoin (BTC) years ago at $6,000 per coin and has booked massive gains on the position. 📈 A “rich dad” who’s suddenly more interested in “surgery centers” than “financial freedom.” 🩺

In the midst of the crypto market’s collective existential crisis, Zcash has been like that one friend who keeps saying, “I’m fine, everything’s fine!” while their life falls apart around them. Zcash is particularly struggling to break through that intimidating wall of $750, a barrier that seems more like a brick fortress at this point. Every time it tries to climb over it, the market pushes it back down like some cruel game of crypto hopscotch. Just last week, Zcash found itself rejected not once, but twice, at the $700 mark. It’s like showing up to a party where everyone’s already too drunk to notice you. Awkward.

The Solana Foundation, in their infinite wisdom, has unleashed SIMD-0411 upon the world. The goal? To turbocharge the disinflation rate of Solana (SOL) by 2x. That’s right, from -15% to -30%. And not just that-it’s going to slash the inflation rate from 4.18% to 1.5% in just 3 years. Because who needs 6 years when you can do it in half the time? 🕒 Oh, and did we mention this won’t mess with staking rewards? It’s like magic, but with spreadsheets. ✨